Support and Resistance Levels
Past performance
About India Cements Ltd India Cements Ltd is the largest cement producer in South India, commanding a 28% market share with a robust distribution network of over 10,000 stockists. The company operates eight cement plants across Tamil Nadu and Andhra Pradesh, serving key markets in South India and Maharashtra. Its product range includes well-known brands such as Coromandel King and ready-mix concrete. The company has actively expanded its operations through strategic acquisitions and upgrades of production facilities since its inception in 1946.
Additionally, India Cements has diversified interests, including subsidiaries in industrial chemicals, financial services, and international mining operations, notably in Indonesia. The company has also engaged in power generation, enhancing its energy capabilities to support its cement production. In recent developments, India Cements has divested certain subsidiaries and embarked on property development projects, indicating a strategic focus on optimizing its portfolio and exploring new growth avenues.